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Business & farm
One K-1 for everything except box 2. Include one of the box 16 categories as well (e.g., if you have anything labeled 'General', put it on this one too).
One K-1 for box 2. That's the only number you put on this one
A 3rd one just for the next category of box 16.
Don't repeat any numbers -- TT will add them all together. And you don't need to repeat any of the Part 2 info from the K-1.
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**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!
‎June 6, 2019
9:09 AM